Growing from within helps ensure your company’s future success without the associated costs of bringing in external talent. Your workforce is the core of your business, and you can strengthen that core with career development solutions from Right Management Florida/Caribbean. The benefits of offering your employees development opportunities are clear, and the rewards can be substantial.
Benefits of Career Development With Right Management Florida/Caribbean
Keep Your Workforce Engaged
When employees feel that there is a clear path for growth and development, they are more likely to stay with their current employer. According to recent studies, 43% of employees feel that their current organization does not offer a satisfactory career path, and 70% of employees who don’t see room for development resign. On the other hand, 94% of employees say they would be more likely to stay with a company if those career development opportunities were present.
Right Management’s career development solutions help your employees visualize a path forward with your company and provide the tools to help them progress. Feeling a sense of being in the right place to grow professionally helps foster a sense of loyalty, which allows you to both retain key talent and make those employees more valuable in the long run.
Keeping your employees engaged is critical for your business’s mission. Right Management’s new report “Money Can’t Buy You Loyalty” reveals the importance of offering employees a strong organizational fit and career development opportunities. Download your free copy to learn more.
Save Costs & Drive Value
Hiring talent from outside of your organization may be the right decision in some cases, but it’s not without cost. A recent study reveals that it can cost up to six times as much to train someone brought into your company than it would to develop the skills of a current employee. The time and resources it takes to develop one new employee could effectively be used to create a team of leaders within or grow your business in other areas.
Right Management’s career development solutions facilitate internal mobility and lower recruiting costs, creating more opportunities for enterprise growth. This can in turn help build your brand as a trusted employer so that when you do bring in external talent, you can be confident that they’re invested and mission-aligned.
Explore Career Development Solutions With Right Management Florida/Caribbean
Your workforce is one of the most powerful assets your business has at its disposal. Right Management Florida/Caribbean, a leader in workforce solutions, offers consulting services and solutions that can help build strength upon strength. Contact us to learn about our integrated and targeted career development programs.